Admin_N/ April 6, 2018/ News/ 0 comments

Regulatory proposals on payroll deductions

In recent years, the South African Reserve Bank (SARB) has become aware of an escalation in the number of entities offering payroll deduction services. These services are offered with prior agreement between employers and employees and, in certain instances, are requested or initiated by financial institutions, including financial intermediaries.

Click here to read more about the discussion paper.

Click here to read more about NACFISA inputs.

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